Cointelegraph reported that ETH’s taker buy/sell ratio on Binance dropped to 0.81, placing it among the most extreme sell-side readings on record for the exchange, according to the report. The metric tracks the volume ratio between aggressive market buys and aggressive market sells in derivatives trading, with a reading of 1 indicating balance between the two sides.
A ratio of 0.81 points to clear dominance by aggressive sellers in Binance’s ETH futures market. In practical terms, that means more traders were hitting the market sell button than lifting offers with market buys, showing stronger short-term selling pressure in the contract market.
Cointelegraph also noted that the indicator reflects only near-term trading sentiment. It should not be used on its own to judge price direction or make standalone price calls.
ChainCatcher reported that Cointelegraph said ETH’s taker buy/sell ratio on Binance fell to 0.81, one of the most extreme sell-side readings on record, according to the report.
The taker buy/sell ratio measures the volume ratio of aggressive market buys to aggressive market sells in derivatives trading. A reading of 1 indicates balance between buyers and sellers.
A 0.81 reading shows that aggressive selling was clearly dominant in Binance’s ETH contract market, with a large number of traders choosing to exit through market sell orders.
Cointelegraph added that the metric reflects only short-term trading sentiment and should not be used on its own as a basis for price judgment.
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